Common use of Stock Options; Restricted Stock Clause in Contracts

Stock Options; Restricted Stock. (a) In addition to the compensation described in Section 3.1 and Section 3.2 of this Agreement, the Executive may have the opportunity to receive options to purchase stock or restricted shares of stock of Hanger in a manner consistent with any stock option or restricted share plan adopted by Hanger. The determination as to the amount of stock, if any, to be purchased under such stock option or restricted share plan shall be subject to the sole discretion of the Board of Directors of Hanger or a committee thereof.

Appears in 4 contracts

Samples: Employment Agreement (Hanger, Inc.), Employment Agreement (Hanger, Inc.), Employment Agreement (Hanger, Inc.)

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Stock Options; Restricted Stock. (a) In addition to the compensation described in Section 3.1 and Section 3.2 of this Agreement, the Executive may have the opportunity to receive options to purchase stock or restricted shares of stock of Hanger in a manner consistent with any stock option or restricted share plan adopted by Hanger. The determination as to the amount of stock, if any, to be purchased under such stock option or restricted share plan shall be subject to the sole discretion of the Board of Directors of Hanger or a committee thereof.

Appears in 3 contracts

Samples: Employment and Non Compete Agreement (Hanger, Inc.), Employment Agreement (Hanger, Inc.), Employment Agreement (Hanger Orthopedic Group Inc)

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Stock Options; Restricted Stock. (a) In addition to the compensation described in Section 3.1 and Section 3.2 of this AgreementBase Salary, the Executive may have the opportunity to receive options to purchase stock or restricted shares of stock of Hanger in a manner consistent with any stock option or restricted share plan adopted by Hanger. The determination as to the amount of stock, if any, to be purchased under such stock option or restricted share plan shall be subject to the sole discretion of the Board of Directors of Hanger or a committee thereof.

Appears in 2 contracts

Samples: Employment Agreement (Hanger, Inc.), Employment Agreement (Hanger Orthopedic Group Inc)

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